UNDER CONTRACT
$66K PRICE DROP
Margate Towers 8500 Margate Cir Unit 2005 Myrtle Beach, SC 29572
Arcadian Shores NeighborhoodEstimated payment $8,576/month
Total Views
7,939
3
Beds
3
Baths
2,436
Sq Ft
$445
Price per Sq Ft
About This Home
This condo is a dream! The combination of oceanfront luxury and thoughtful design, like those 9' ceilings, crown molding, and expansive terrace, creates such a relaxing and elegant atmosphere. You can just imagine sipping morning coffee while watching the sunrise over the ocean. This condo boasts spacious bedrooms, two master suites, a gourmet kitchen, and a great entertainment-focused room making it both a comfortable retreat and a great space for hosting. Furnishings include a love seat, sleeper sofa and an entertainment center with 50-inch Smart TV and a DVD player. The Gourmet Kitchen features granite counter tops and stainless-steel appliances including a side-by-side Refrigerator-Freezer. The Utility room has a front-loading washer and dryer with large Utility Sink and separate door entrance from the hallway. The large terrace is furnished with chairs, loveseat, coffee table, and chaise lounge. The Margate Tower truly represents elevated coastal living, combining luxurious design with a vibrant, activity-rich community. Its prime location in the gated Kingston Plantation offers both privacy and access to an array of amenities, from sports facilities and pools to serene natural landscapes and beautiful beaches. Kingston Plantation offers a variety of recreational activities to keep everyone entertained: • Tennis and Pickleball: There are courts available for both sports, catering to all skill levels. Pickleball is growing in popularity and combines elements of tennis, badminton, and ping pong. • Fitness and Wellness: The 78Fitness facility provides options like strength training and aqua classes. It also features a sauna and an indoor pool. • Golf Simulators and Putting Green: Perfect for golf enthusiasts, you can practice your swing indoors or enjoy the outdoor putting green. • Sand Volleyball: Two sand volleyball courts are available for some friendly competition. • Pools and Lounge Decks: Relax by the water or take a dip in one of the many pools. With such a range of activities, there's something for everyone to enjoy. The proximity to both North Myrtle and Myrtle Beach means residents or visitors are never far from exciting dining, shopping, and entertainment options. It's easy to see why this area is so sought after, it has a little bit of everything for everyone.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,603
Year Built
- Built in 2004
HOA Fees
- $1,916 Monthly HOA Fees
Parking
- Parking Deck
Home Design
- Steel Siding
Interior Spaces
- 2,436 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Community Details
- High-Rise Condominium
Map
About Margate Towers
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,603 | $60,000 | $0 | $60,000 |
| 2023 | $9,603 | $72,030 | $0 | $72,030 |
| 2021 | $8,844 | $72,030 | $0 | $72,030 |
| 2020 | $8,486 | $72,030 | $0 | $72,030 |
| 2019 | $8,486 | $72,030 | $0 | $72,030 |
| 2018 | $0 | $58,800 | $0 | $58,800 |
| 2017 | $7,176 | $33,600 | $0 | $33,600 |
| 2016 | -- | $33,600 | $0 | $33,600 |
| 2015 | $7,176 | $58,800 | $0 | $58,800 |
| 2014 | $6,934 | $33,600 | $0 | $33,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Price Changed | $1,084,000 | -1.4% | $445 / Sq Ft |
| 08/23/2024 08/23/24 | Price Changed | $1,099,000 | -4.4% | $451 / Sq Ft |
| 03/10/2024 03/10/24 | For Sale | $1,150,000 | +78.3% | $472 / Sq Ft |
| 04/12/2018 04/12/18 | Sold | $645,000 | -4.4% | $265 / Sq Ft |
| 01/04/2018 01/04/18 | For Sale | $675,000 | -- | $277 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | -- | |
| Deed | $728,750 | -- | |
| Deed | $640,000 | -- | |
| Deed | $513,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,063,000 | Mortgage Modification | |
| Previous Owner | $575,000 | Unknown |
Source: Public Records
Similar Homes in Myrtle Beach, SC
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2406087
APN: 39308040030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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